This week, funding rounds went to Germany-based climate tech startup Root Global, high-protein foods maker David, and a hand full of others in food and agriculture.
Elsewhere, insect protein maker Innovafeed launched some high-profile partnerships in the pet food industry, a new plant-based meat brand emerged in Europe, and Regrow Ag sadly announced layoffs.
Foodtech & agtech funding
🇺🇸 David raises $10 million in seed funding to support science-based nutrition Food Manufacturing
🇺🇸 De Novo Foodlabs funding accelerating alternative lactoferrin product Food Business News
🇩🇪 German Root Global secures €8M for its climate footprint management solution Vest Bee
🇸🇬 DiMuto secures US$5.9m to boost global agri-food chain traceability Agtech Navigator
🇧🇷 Fresh off a new funding round, precision ag startup BemAgro plans to optimize forest management with AI AgFunderNews
M&A, IPOs & partnerships
🇺🇸 FBN and ADM launch a new company to connect grain buyers with more regeneratively grown goods AgFunderNews
🇫🇷 Innovafeed launches cobranding partnership with Jiminy’s, Arch Pet Food Industry
🇬🇧 UK plant protein maker The Tofoo Co acquired by private equity firm Comitis Capital Green Queen
🇺🇸 Big Idea Ventures partners with key industry players to launch next-gen pet food innovation program Vegconomist
Funds, grants & accelerators
🇻🇳 Vietnam’s Mekong to launch $200m Earth Regeneration Fund Agri Investor
🇺🇸 Empire State Development announces selected finalists for round six of annual $3 million Grow-NY Global business competition Empire State Development
🇺🇸 NASA awards $1.25M to three teams at Deep Space Food finale Vertical Farm Daily
People moves
🇦🇺 FarmTogether surpasses $200M AUM milestone, announces new CEO to guide future expansion FarmTogether
🇨🇭 Ecorobotix appoints Cameron Holbrook as North America CEO Global Agtech Initiative
Other news
🇪🇸 Beanstalk Foods launches to expand plant-based meat options in the European market The Plant Base
🇨🇦 Canada’s rail network shuts down: Here’s what it means for agriculture Agriculture Dive
🇳🇴 Norway becomes latest country to recommend eating mostly plants in new dietary guidelines Vegconomist
🇺🇸 Layoffs at Regrow Ag Regrow Ag LinkedIn
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